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Credit Unions


What are Credit Unions?

Credit unions are financial co-operatives owned and controlled by their members.They offer savings and great value loans to individuals plus they are local, ethical and know what their members want.

Where can I find a Credit Union?

Credit Unions can be found in many areas, or within some companies or associations who have set one up. Each credit union has a "common bond" which determines who can join it.

Examples of Credit Unions in Suffolk are employee schemes for Suffolk County Council, Suffolk Constabulary or First Bus; a scheme for those who live or work in Suffolk; and Rainbow Saver Anglia Credit Union Limited (RSACUL), which is open to anyone who is a member of the Co-Operative Group in East Anglia.

I’m an employer/association. How do I set up a Credit Union?

Suffolk ACRE has more information about Credit Unions, including advice on how to set one up. Suffolk ACRE contact details are shown below.

Contact details:

Local Credit Unions
Ipswich and Suffolk Credit Union is open to all who live or work in Suffolk 
tel - 01473 690690
email - ipscreditunion@tiscali.co.uk

Rainbow Saver Anglia Credit Union Limited for members of the Co-Operative group –
website - http://www.onesuffolk.co.uk/RSACUL/
tel - 01502 584854

Suffolk Credit Union for employees or pensioners of Suffolk County Council and their families –
website - http://www.suffolkcc.gov.uk/
email - credit.union@resman.suffolkcc.gov.uk
tel - 01473 584043

Advice and information
Suffolk ACRE
email - info@suffolkacre.org.uk
tel - 01473 242500

Association of British Credit Unions (ABCUL):
website -  http://www.abcul.coop/
email - info@abcul.org
tel - 0161 832 3694 

Contact Information
Contact Economic Development Team 
Telephone 01473 825868
Email ecodev@babergh.gov.uk
Fax 01473 825770

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